The USDCHF gathers the positive momentum – Analysis - 21-08-2019
Economies.com
2019-08-21 04:55AM UTC
The USDCHF pair tests the EMA50 that forms good intraday support base against the price, noticing that stochastic reaches the oversold areas, waiting to motivate the price to resume the bullish trend, which its targets begin by breaching 0.9836 to confirm rallying towards 0.9900 as a next target.
Therefore, we will continue to suggest the bullish trend conditioned by the price stability above 0.9712.
The expected trading range for today is between 0.9740 support and 0.9850 resistance.
The expected trend for today: Bullish
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